Islamic Finance: A Powerful Tool to Address Pressing Development Challenges
Islamic finance, while representing a smaller portion of the global financial landscape, has experienced rapid and sustained growth over the past …
Finance
Islamic Finance Should Fund Sustainable Development, UN Conference Told
New York- Islamic finance offers a promising alternative to traditional sources of funding and should be utilized to realize the Sustainable …
Growth Drivers Of Islamic Finance Trade Between Asia And The Middle East
Speaking at a conference in Singapore, Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore listed a number of key trends …
Why Islamic Finance Booming Around The Globe?
Islamic finance is rapidly emerging as a key player in the global financial landscape, with growth rates that are capturing the attention of industry …
Malaysia’s Islamic Finance Industry Urged To Embrace Fintech
Islamic banks and financial service providers in Malaysia, which is currently riding out a slowdown in global growth of the sector, have been told …
‘Halal’ Is Not Just About Food – HDC
THERE is more to the halal industry than what meets the eye despite the religious code it represents.
The stamp of approval has helped guide Muslims …
Growth of Responsible Investment In Japan, Malaysia To Constitute Core Case Studies
Under the patronage of the Scottish Government and supported by the UK Government, the 2nd edition of GEFF will delve in-depth into two insightful …
Fitch: Islamic Banking a Modest Deposit Stimulus in Morocco
Islamic banks, referred to as ‘participation banks’ in Morocco, are likely to provide a modest stimulus to deposit growth in the country, Fitch …
Islamic Banking Will Benefit Kenyans of All Faith
Bishop David Oginde’s opinion piece “Why expansion of Sharia laws remains perturbing” published in the Sunday Standard last weekend gave the …
Push for Mergers Among Islamic Banks and Non-Bank Lenders in Malaysia
CONVENTIONAL banks aside, there is a push by industry players for mergers and acquisitions (M&A) to take place in the crowded Islamic banking as …
Fitch Ratings Optimistic for Participatory Banking in Morocco
Rabat – Participatory banks can “modestly stimulate the growth of deposits in the country,” says Fitch Ratings in a new analysis on the sector.
The …
Ithmaar Honours Staff Over Islamic Finance Training
Ithmaar Bank, a Bahrain-based Islamic retail bank, recently honoured 10 employees who earned professional certificates in Islamic finance from the …
Islamic Banking Gains Significant Market Share in Oman
Dubai: Islamic banking in Oman is growing at a faster rate than conventional banking segment, with Islamic banking assets up more than 62 per cent …
Real Estate and Gold Driving UK Islamic Finance Offerings
UK Islamic Banks are expanding services to cater for London based property financing demand. QIB UK, part of the Qatar Islamic Bank group, and Al …
Emirates Islamic is First Islamic Bank to Integrate Blockchain Technology into Cheques
Emirates Islamic has announced that it will introduce blockchain technology into its cheques as a fraud prevention measure.
Termed ‘Cheque Chain’, …
Islamic Banking is For Everyone, say Kenyan Authorities
Islamic banking is quickly gaining popularity in the Kenyan market, and banks have been quick to tailor the product accordingly.
Global regulations on …
Alizz Islamic Bank Shows keen Interest in Merger With United Finance
Muscat: Alizz Islamic Bank has expressed an interest in a merger with the United Finance Company, which is subject to due diligence of the latter …
Clifford Chance Advises Oman on Sukuk Issuance
International law firm Clifford Chance has advised the Government of the Sultanate of Oman on its return to the international debt capital markets …
Alizz Islamic Bank Signs Pact With Orpic to Finance Petcoke Storage Project
Muscat: Alizz Islamic Bank signed an agreement with Oman Oil Refineries and Petroleum Industries Company (Orpic) to provide Islamic financing …
Qatar Has Ninth-Strongest Islamic Finance Industry
The state of Qatar ranks ninth this year on the annually published Islamic Finance Country Index, showing considerable strength of its Islamic …
Islamic Banks Expand, But ‘Double-Digit Growth Spree May be Over’
Islamic banks have continued to expand their balance sheets and capital buffers, but the era of double-digit growth rates could be coming to an end …
How to Attain a Robust Islamic Financial System in Kenya?
Islamic Banking is emerging as a significant trend within the Kenyan financial landscape, showing promising signs of exponential growth. This surge …
Islamic Finance Transaction Broadens Investor Base In Nigeria
At the time of the issue, Andrew Alli, AFC president, and chief executive said: “The core values of Islamic finance and the need to invest ethically …
Islamic Finance Can Reduce Poverty Worldwide
A report jointly published by the Islamic Development Bank (IDB) Group and the World Bank Group has outlined the potential of Islamic finance in …